LETHBRIDGE
REAL ESTATE PICKING UP STEAM?
After
a very slow
winter season, April has seen a substantial rebound
in
Lethbridge real estate.
While some of the increased activity can be credited to the onset of
good weather; the real driving force is undoubtedly the historically
low interest rates and lower property prices which we are seeing in
some parts of Lethbridge.
For the first time in two years, some
Sutton real estate agents are
finding themselves involved in multiple offer situations. Homes are
selling in shorter time frames and for higher prices. If things
continue that way, it could be a very active
Lethbridge real estate
season in Lethbridge.
The last recession in 2001 was ended by a property boom which was
caused by rock bottom interest rates. Could we see the start of
something similar this year? It is anyone’s guess at this point, but
there is no doubt that the spin-offs of a healthy housing market are
enormous, and benefit numerous local trades’ people and manufacturers
alike.
With house prices reasonable compared to last year and the cost of financing
being as low as possible, it is easy to get excited about the
prospects for
Lethbridge real estate
in 2009.
This information is brought to you by Mary McLean of
Sutton Group Lethbridge.
If you would like further information, or need help with the buying or
selling of
Lethbridge real estate, please e-mail me at
info@TeamMiller.ca or call 403-320-6411 and ask specifically for
Mary McLean.
Best regards
Mary McLean
Sutton Group Lethbridge
View other articles.
If you are interested in buying or selling real
estate in Lethbridge, please contact Mary McLean of Sutton Group Lethbridge at
(403) 320-6411.
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most professional realtors help in
the buying or selling of your home?”
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Call Mary McLean today at 403-320-6411